Brookdale Senior Living Given Buy Rating at Deutsche Bank (BKD)
Brookdale Senior Living (NYSE:BKD)‘s stock had its “buy” rating reaffirmed by research analysts at Deutsche Bank in a report released on Tuesday, ARN reports.
Shares of Brookdale Senior Living (NYSE:BKD) opened at 30.97 on Tuesday. Brookdale Senior Living has a 52-week low of $24.42 and a 52-week high of $34.80. The stock has a 50-day moving average of $32.12 and a 200-day moving average of $29.85. The company’s market cap is $3.866 billion.
Brookdale Senior Living (NYSE:BKD) last posted its quarterly earnings results on Wednesday, May 7th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by $0.08. The company had revenue of $747.30 million for the quarter, compared to the consensus estimate of $746.76 million. During the same quarter in the previous year, the company posted $0.03 earnings per share. The company’s revenue for the quarter was up 4.9% on a year-over-year basis. Analysts expect that Brookdale Senior Living will post $0.27 EPS for the current fiscal year.
Several other analysts have also recently commented on the stock. Analysts at Zacks downgraded shares of Brookdale Senior Living from a “neutral” rating to an “underperform” rating in a research note on Monday. They now have a $29.30 price target on the stock. Finally, analysts at Barclays raised their price target on shares of Brookdale Senior Living from $31.00 to $34.00 in a research note on Tuesday, March 11th.
Brookdale Senior Living Inc (NYSE:BKD) is an owner and operator of senior living communities throughout the United States.
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